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RBI Licensing

Pravaah Registration

Your trusted partner for RBI licensing — enabling seamless registration and filing of applications through RBI's PRAVAAH portal.

Overview

PRAVAAH (Platform for Regulatory Application, Validation And Authorisation) is an online portal launched by the Reserve Bank of India to streamline submission of regulatory applications, licensing requests, and approvals.

It serves as a single-window system for filing applications related to NBFC registration, payment system approvals, foreign exchange permissions, and other regulatory authorisations. PRAVAAH is now the mandatory platform for all entities seeking RBI approvals, replacing legacy paper-based processes with a fully digital workflow.

Key Benefits

Single-Window Filing

Centralized platform for all RBI regulatory applications, eliminating the need for multiple submission channels.

Faster Processing

Digital submission and automated workflows ensure significantly faster processing of regulatory applications.

Transparency & Tracking

Real-time application status tracking with full visibility into the review and approval process.

Digital Compliance

Fully paperless application process aligned with RBI's digital transformation initiative.

Regulatory Efficiency

Streamlined interaction with RBI for queries, clarifications, and additional document submissions.

Error Reduction

Built-in validation checks reduce errors and incomplete submissions, improving approval rates.

Eligibility Requirements

Ensure your business meets these basic criteria for a smooth registration process.

Non-Banking Financial Companies (NBFCs)
Scheduled Commercial Banks
Fintech & Payment System Companies
Foreign Exchange Dealers & Agents
Asset Reconstruction Companies
Any Entity Requiring RBI Approval

Expert Tip

Having all directors present in India is not mandatory, but at least one director must be a resident of India (stayed in India for 182+ days).

Documents Required

Keep these documents ready to fast-track your application.

Entity Documents

  • Certificate of Incorporation
  • MOA & AOA
  • PAN Card of the Entity
  • Board Resolution for Authorized Signatory

Regulatory Documents

  • Business Plan / Feasibility Report
  • Audited Financial Statements (last 3 years)
  • Net Worth Certificate from CA
  • Director KYC Documents

Supporting Documents

  • Organizational Structure Chart
  • IT Infrastructure Details
  • Compliance Framework Document
  • Anti-Money Laundering (AML) Policy

Registration Process

Our seamless digital-first approach ensures completion in the fastest possible time.

Estimated Timeline2-3 Days (Registration)
01

Eligibility Assessment

Evaluating regulatory requirements and identifying the applicable RBI approval category for your entity.

02

PRAVAAH Registration

Creating the entity profile and user account on the PRAVAAH portal with role-based access configuration.

03

Documentation Preparation

Compiling all required application forms, annexures, and supporting documents as per RBI specifications.

04

Application Filing

Uploading and submitting the validated application on the PRAVAAH portal with digital tracking enabled.

05

RBI Query Handling

Managing all RBI queries, clarifications, and additional document requests through the portal.

06

Approval & Compliance Setup

Receiving the RBI approval and establishing the post-approval compliance and reporting framework.

RBI Master Directions for Applicable Category
Accurate & Complete Application Submission
Timely Response to RBI Queries
Post-Approval Compliance Framework
Ongoing Reporting & Renewal Requirements
AML/KYC Policy Compliance

Mandatory Compliance

Staying compliant is crucial for your company's good standing. Non-compliance may lead to penalties and director disqualification.

View All Compliance Services

Why Choose Bizmint?

We combine professional expertise with technology to provide the best-in-class incorporation experience.

RBI & NBFC Licensing Specialists
End-to-End Application Support
Dedicated Relationship Manager
Error-Free Filing & Documentation
Strategic Regulatory Advisory
Post-Approval Compliance Setup

FAQs

Common questions about Pravaah Registration

File Your RBI Application with Confidence

Navigate the PRAVAAH portal seamlessly. Let Bizmint handle your end-to-end RBI application filing and regulatory compliance.